Yellen speech on Fri @ 8am will determine MYR direction next week

The principal is not guaranteed still ring bells !! Anyway I have no plan to put anything in the MBB GIA-i. My "short" term fund has earned RM300-400 recently in there.

Where u will park the short term funds?

Ringgit at 4.01 against USD
http://www.nst.com.my/news/2016/08/168387/...401-against-usd

In SA !

SA gives u peanut returns
U have lost confidence with GIA-I?

No such definition of short term fund in my dictionary. My last short term fund is the 26k USD.

Now looking to sell the 71k yen that I am still holding. But RM rebound with USD and yen. Looks like have to wait for RM to weaken and sell the yen.

I tot u will exhaust 26k USD in due course?

Trading around 4.02xx now

It is in US acct already, not with me. Then have to buy again late Dec/early Jan.

very tight range of 4.01/4.02

any surprise movement later of the day?

Y need to buy back?

Closing was 4.0200 as per BNM @ 26 Aug 2016 (Friday)

Yellen will deliver her speech at 10pm tonite

waiting for any surprise after Yellen speech

It is in my son's acct. Not buy back, buy for education/expenses.

This post has been edited by bbgoat: Aug 26 2016, 08:38 PM

Depreciated by 0.50% to 4.04 now

All because of:

"Yellen: Case for raising rates has strengthened 'in recent months'"



http://www.cnbc.com/2016/08/26/fed-chair-j...rengthened.html

haha...

back to 4.02 hmm..